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Market News

Location American Market News for 4 October 2023
The trial of FTX founder Sam Bankman-Fried kicked off with the defense and prosecution clashing over whether the fallen crypto leader was a flawed manager or the architect of massive fraud.
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Cannabis producer Tilray Brands Inc. reported first-quarter earnings that beat expectations as it expands its portfolio.
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Tech Shares Push S&P 500 Higher

Wall Street Journal - 4 Oct 2023 22:43
Falling bond yields brought calm to the stock market. Oil prices fell, giving a boost to cruise companies and airlines.
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Stocks This Week: Sell Short Avalon Bay Communities And Monster Beverage The October 12-13 time period is a projected turning point, likely a low. October 27th has been the annual low in any year. We face one to three more weeks of decline.
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Largest Healthcare Worker Strike In History Gains Momentum Early this morning, 75,000 employees for Kaiser Permanente went on strike, making it the largest healthcare worker strike in history.
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September Jobs Report: Private Payrolls Come In Far Below Expectations The ADP jobs report only added 89,000 jobs to the private sector, falling far under the estimates
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JPMorgan Chase Reports Before The Open On 10/13 the JPMorgan Chase JPM next earnings date is projected to be 10/13 before market open, with earnings estimates of $3.59/share on $36.99 Billion of revenue
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Lessons from running a marathon that can be put to good use in investing If you have ever run more than 5 km at a stretch, you would have realized that running long distances is more of a mind game than a physical game.
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What type of investments will help reduce my taxable income? Salaried individuals try and maximize their tax savings by claiming various exemptions and deductions while computing taxable income.
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Reminder - Verizon Communications Goes Ex-Dividend Soon On 10/6/23, Verizon Communications will trade ex-dividend, for its quarterly dividend of $0.665, payable on 11/1/23
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Li Auto's Strong Delivery Streak Continues. What's Next For The Stock? Chinese luxury electric vehicle maker Li Auto stock reported a strong set of delivery numbers for September, driven by demand for its vehicles which include gasoline g...
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Haverty Furniture Companies' Cash Flow Increases The Safety Of Its Dividend Yield Haverty Furniture Companies, Inc. (HVT) is the featured stock in September's Safest Dividend Yields Model Portfolio.
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'Frustrating' Revisions to Jobs Data Slow Wall Street Trading

Wall Street Journal - 4 Oct 2023 15:00
Some investors are backing away from making big moves based on a key economic report.
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Capitol And Capital Crises

Forbes - 4 Oct 2023 14:52
Capitol And Capital Crises Momentum then kicked in as rumors Kevin McCarthy would be removed from his Speaker of the House role gained traction.
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This Is Our Best Shot At Cheap 8%+ Dividends Since 2020 Yields are sky high for the first time since, really, the 1990s. Don't miss the opportunity to "lock in" these retirement income streams today!
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Macau Casinos Get Their Mojo Back

Wall Street Journal - 4 Oct 2023 14:20
Visitors are finally returning to Macau and pumping up revenue. But certain casino stocks look much better placed to benefit.
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Homeowners Flock to Last-Resort Insurance Policies

Wall Street Journal - 4 Oct 2023 13:26
Hundreds of thousands of people nationally are signing up with state insurers of last resort as home insurers pull back from disaster-prone areas.
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Can Kohl's Stock Return To Pre-Inflation Shock Highs? KSS saw its stock trading at around $24 on December 22, 2022, when the Fed kept increasing rates, and now remains down by about 13% from those levels.
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Will CH Robinson Stock Rebound To Its Pre-Inflation Shock Highs Of $120? CH Robinson stock (NASDAQ: CHRW), a freight transportation company, currently trades at $86 per share, 11% below the level seen in March 2021, and it has room for grow...
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The World's Dollar Addiction Is Hard to Kick

Wall Street Journal - 4 Oct 2023 12:34
Though the share of global foreign-exchange reserves in U.S. dollars remains near a 25-year low, there is little sign of rapid de-dollarization.
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Should You Pick F5 Stock Over Teleflex?

Forbes - 4 Oct 2023 12:00
Should You Pick F5 Stock Over Teleflex? Although these companies are from different sectors, we compare them because they have a similar market capitalization of $9 billion - $10 billion.
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HDFC Bank to IndusInd Bank: These three banks have revised fixed deposit (FD) rates ahead of RBI policy meeting The revision comes just ahead of the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) meeting on October 4-6, 2023
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